Srichand took the Hinduja Group from Iran to Britain: Queen’s neighbor in London, used to take his food with him to royal feasts

People in the business world recognize Srichand Parmanand Hinduja by the name of SP. He was the eldest of four brothers.

Srichand Parmanand Hinduja, SP Hinduja, Chairman of Hinduja Group, passed away at the age of 87. He breathed his last in London on Wednesday. He was ill for some time. According to some media reports, he was suffering from dementia. His wife Madhu died on January 6 this year. SP was the eldest of the four Hinduja brothers.

The Hinduja Group is one of Britain’s richest business houses. The group has businesses ranging from truck-bus, banking, power to cable TV in more than 100 countries. Ashok Leyland, Gulf Oil, Hinduja Bank Switzerland, IndusInd Bank, Hinduja Global Solutions, Hinduja TMT, Hinduja Ventures, IndusInd Media & Communications Limited are its major companies.

SP Hinduja (sitting on a chair) with his brothers – File.

Born in Karachi, took over business after father’s death
SP was born in 1935 in Karachi to a business family. After Parmanand Hinduja passed away in 1971, his sons took over the family legacy. He started the business of film distributor in Mumbai. The first success came from the international distribution of the film ‘Sangam’. After this he went on to achieve success.

Group Headquarters shifted from Iran to London after Islamic Revolution
The headquarters of the Hinduja Group remained in Iran for nearly 60 years. When SP Hinduja joined the ancestral business in 1952, the group exported carpets and dry fruits from Iran and imported cloth and tea from India.

After the Islamic Revolution in Iran in 1979, the Hinduja Group shifted its headquarters to London. After this the group established a finance company ‘Hinduja Bank’ in Switzerland. The group acquired Gulf Oil International and Land Rover Leyland International Holdings (UK). Entered the banking sector in 1993 and laid the foundation of IndusInd Bank.

Business in 100 countries, Britain’s richest family
Hinduja Group expanded in the field of truck-bus, banking, power to cable TV in 100 countries. Since 1990, the Hinduja family is counted among the richest families in Britain. Hinduja family in 2022 Rs 2.9 lakh crore. Was on top there with assets of Rs. It has automotive and chemicals business in India. Ashok Leyland is the third largest bus-truck manufacturer in the world.

Do some work today instead of postponing it for tomorrow: Srichand Parmanand Hinduja
SP Hinduja always followed strict discipline. He never broke his rule from sleeping to waking up to eating and drinking. You can read some of his life’s principles here.

1. Used to take his food with him to the queen’s feast
The Hinduja family were neighbors of Queen Elizabeth in London. The cost of his 67 thousand square feet Carlton House is 25 thousand crores. The queen invited her neighbor to the royal banquet several times. In such a situation, SP Hinduja, who stayed away from meat and alcohol, used to bring his own food. Being a strict vegetarian, he used to take his chef with him on foreign trips.

2. Out of the box thinking: We will not do what others do
Father had a deep influence on SP Hinduja. He used to say that he learned everything by watching his father. ‘Instead of postponing any work for tomorrow, do it today itself.’ His advice came in handy throughout his life. There was only one principle in business, we don’t do what others do.

3. Discipline: 4 hours of sleep at night and distance from partying
His identity was matching suit and round glasses. He was very strict about his discipline and rules. He never compromised on this. Used to sleep only for four hours at night and used to get up at four in the morning. Never went to late night party.

4. Used to say on partition – everything belongs to everyone, nothing belongs to anyone
SP Hinduja was the eldest of four brothers. When the family expanded and the command of the business reached the third generation, the talk of division in the group also arose. However, whenever it came to the question of the stake in the 109-year-old Hinduja group, the SP used to say, “Here everything belongs to everyone and nothing belongs to anyone.”

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